The budgeted production of Capricorn, Inc. is 13,000 units per month. Each unit requires 30 minutes of direct labor to complete. The direct labor rate is $80 per hour. Calculate the budgeted cost of direct labor for the month. (Round any intermediate calculations to the nearest cent and your final answer to the nearest dollar.)
A) $520,000
B) $195,000
C) $1,040,000
D) $34,667
A) $520,000
Budgeted production units for the month 13,000
Direct labor time required per unit 30 minutes
Direct labor hours for budgeted production 6500.00
Direct labor rate per hour $80
Budgeted direct labor cost for the month $520,000
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